The Gabelli Healthcare & Wellness Trust (NYSE:GRX) Major Shareholder Saba Capital Management, L.P. Purchases 2,955 Shares of Company Stock

Posted by James Quigley on Oct 10th, 2026

The Gabelli Healthcare & Wellness Trust (NYSE:GRX – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 2,955 shares of the business’s stock in a transaction dated Wednesday, October 7th. The shares were purchased at an average cost of $9.43 per share, with a total value of $27,865.65. Following the purchase, the insider directly owned 2,171,941 shares in the company, valued at approximately $20,481,403.63. The trade was a 0.14% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

On Tuesday, October 6th, Saba Capital Management, L.P. acquired 4,439 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was acquired at an average cost of $9.41 per share, for a total transaction of $41,770.99.
On Monday, October 5th, Saba Capital Management, L.P. bought 1,775 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were acquired at an average price of $9.38 per share, with a total value of $16,649.50.
On Thursday, October 1st, Saba Capital Management, L.P. bought 5,720 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were acquired at an average price of $9.41 per share, with a total value of $53,825.20.
On Friday, October 2nd, Saba Capital Management, L.P. purchased 500 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was acquired at an average cost of $9.35 per share, for a total transaction of $4,675.00.
On Wednesday, September 30th, Saba Capital Management, L.P. purchased 519 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was acquired at an average price of $9.52 per share, for a total transaction of $4,940.88.
On Friday, September 11th, Saba Capital Management, L.P. acquired 400 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were bought at an average price of $9.71 per share, with a total value of $3,884.00.
On Thursday, September 3rd, Saba Capital Management, L.P. purchased 500 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were bought at an average cost of $10.08 per share, with a total value of $5,040.00.
On Thursday, August 27th, Saba Capital Management, L.P. purchased 4,340 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was bought at an average cost of $10.05 per share, with a total value of $43,617.00.
On Friday, August 21st, Saba Capital Management, L.P. acquired 7,087 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was bought at an average price of $10.13 per share, for a total transaction of $71,791.31.
On Wednesday, August 19th, Saba Capital Management, L.P. acquired 24,102 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were bought at an average cost of $10.13 per share, for a total transaction of $244,153.26.

The Gabelli Healthcare & Wellness Trust Trading Up 0.4%

The Gabelli Healthcare & Wellness Trust stock opened at $9.64 on Friday. The stock has a 50-day moving average price of $9.82 and a 200 day moving average price of $9.43. The Gabelli Healthcare & Wellness Trust has a 52 week low of $8.80 and a 52 week high of $10.20.

The Gabelli Healthcare & Wellness Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 16th were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 7.1%. The ex-dividend date was Wednesday, September 16th.

Institutional Trading of The Gabelli Healthcare & Wellness Trust

A number of hedge funds have recently added to or reduced their stakes in the business. Fifth Third Bancorp purchased a new position in shares of The Gabelli Healthcare & Wellness Trust during the 1st quarter worth about $33,000. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in The Gabelli Healthcare & Wellness Trust in the first quarter valued at approximately $90,000. Private Advisor Group LLC increased its position in The Gabelli Healthcare & Wellness Trust by 25.2% during the first quarter. Private Advisor Group LLC now owns 19,888 shares of the investment management company’s stock worth $180,000 after purchasing an additional 4,000 shares during the last quarter. Uhlmann Price Securities LLC increased its position in The Gabelli Healthcare & Wellness Trust by 22.0% during the first quarter. Uhlmann Price Securities LLC now owns 61,590 shares of the investment management company’s stock worth $557,000 after purchasing an additional 11,088 shares during the last quarter. Finally, Aviance Capital Partners LLC raised its stake in The Gabelli Healthcare & Wellness Trust by 2.1% during the first quarter. Aviance Capital Partners LLC now owns 171,325 shares of the investment management company’s stock worth $1,550,000 after purchasing an additional 3,482 shares during the period.

About The Gabelli Healthcare & Wellness Trust

(Get Free Report)

The Gabelli Healthcare & Wellness Trust (NYSE: GRX) is a diversified, closed-end investment company focused on long-term growth of capital. Rather than operating healthcare facilities or selling consumer products, the trust invests in publicly traded companies involved in healthcare and wellness.

Its portfolio may include businesses across areas such as pharmaceuticals, biotechnology, medical devices, healthcare services, managed care, diagnostics, consumer health and wellness products, and related industries.